NCC tightens enforcement on telecom ownership changes

តាមរាបសួរ,

Victoria from Techpoint here,

Here’s what I’ve got for you today:

NCC and CAC tighten the screws on telecom ownership changes  Africa’s EV darling Spiro raises $55 million again US-Iran peace talks offer lifeline to MTN’s frozen asset  DStv Stream will now come preloaded on Samsung TVs NCC and CAC tighten the screws on telecom ownership changes

NCC building

Nigeria’s telecom sector has just received a new layer of regulatory oversight. The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have announced that any transfer of 10% or more of a telecom company’s shares will now require prior approval from the NCC before it can be registered by the CAC. In practical terms, major ownership changes can no longer happen quietly behind the scenes; regulators want visibility before the paperwork is signed off.

The move affects some of Nigeria’s most strategic companies, including telecom operators, infrastructure

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